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Bank of America Expects BoC to Hold Rates Through 2027 Despite Fed Hikes

2026-07-01 12:59:19

According to Bank of America, the Bank of Canada is expected to maintain interest rates unchanged through 2027, even if the U.S. Federal Reserve resumes rate hikes. Canada's core inflation stands near the 2% target, while economic growth is forecast to exceed 2% annualized in Q2 following a modest Q1 contraction. Traders have scaled back bets on a rate increase by year-end.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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